Cost of Living: Nashville, TN vs Colorado Springs, CO (2026)

Nashville

Tennessee
110
VS

Colorado Springs

Colorado
119

Nashville is 8% cheaper than Colorado Springs.

$1,486/mo ↓ 5%
Median Rent
$1,562/mo ↑ 5%
$75,197/yr ↓ 10%
Median Income
$83,198/yr ↑ 11%
$383,100 ↓ 9%
Home Value
$420,700 ↑ 10%
$1,471/mo ↓ 8%
Owner Costs
$1,592/mo ↑ 8%
684,298
Population
483,099

Tax Comparison

0%
Income Tax
4.4%
7.0%
State Sales Tax
2.9%
0.64%
Property Tax
0.51%

Affordability

23.7%
rent-to-income
Affordability
22.5%
rent-to-income

Detailed Comparison

When comparing Nashville, TN and Colorado Springs, CO, the overall cost of living indices are 110 and 119 respectively (national median = 100). Rent is $76/month cheaper in Nashville, saving renters about $912/year.

Median household income is $8,001/year higher in Colorado Springs. Home values also differ significantly — the median in Nashville is $383,100 compared to $420,700 in Colorado Springs.

Tennessee has no state income tax, giving Nashville residents a significant tax advantage over Colorado's 4.4% rate.

Frequently Asked Questions

Nashville vs Colorado Springs — common questions

Is Nashville or Colorado Springs cheaper to live in?
Based on our cost index, Nashville is cheaper to live in with an index of 110 compared to 119 (US average = 100).
What is the rent difference between Nashville and Colorado Springs?
Median rent in Nashville is $1,486/month and in Colorado Springs it's $1,562/month — a difference of $76/month.
Which city has higher income, Nashville or Colorado Springs?
Median household income is $75,197 in Nashville and $83,198 in Colorado Springs. Median household income is $8,001/year higher in Colorado Springs.
How do taxes compare between Tennessee and Colorado?
Tennessee has 0% income tax, 7.0% sales tax, and 0.64% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Nashville or Colorado Springs?
It depends on your priorities. Nashville has a cost index of 110 with median rent of $1,486/mo, while Colorado Springs has a cost index of 119 with rent of $1,562/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Nashville details → View Colorado Springs details →

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